Close X
Sunday, September 29, 2024
ADVT 
National

Home sales strong in May

Darpan News Desk The Canadian Press, 14 Jun, 2023 02:13 PM
  • Home sales strong in May

The B-C Real Estate Association says home sales across the province last month were "surprisingly strong."

Association chief economist Brendon Ogmundson says, despite rising interest rates over the last year, home sales have "staged an early recovery" to return to a normal pace more quickly than expected.

A statement from the association says nearly 92-hundred sales were recorded around B-C in May -- up nearly 10 per cent year-over-year -- while the average price climbed three per cent during the same period, to just over one-million dollars.

The statement says it's the first time since April of last year that the average home price in B-C has topped the million-dollar mark. 

MORE National ARTICLES

B.C. Premier Eby pledges $230M in police funding

B.C. Premier Eby pledges $230M in police funding
Eby said the money will be used to fill vacancies in rural RCMP detachments and regional units, as well as to hire more officers for specialized units such as major crime, the sexual exploitation of children unit and money laundering.

B.C. Premier Eby pledges $230M in police funding

Effect of rate hikes will be 'powerful:' Poloz

Effect of rate hikes will be 'powerful:' Poloz
The full effects of interest rate hikes have yet to be felt — and will be "even more powerful" than many anticipate, former Bank of Canada governor Stephen Poloz says. Speaking at a conference in Ottawa hosted by Western University's Ivey Business School, the former governor warned today’s economy is more sensitive to interest rates than it was 10 years ago.

Effect of rate hikes will be 'powerful:' Poloz

BC Children's Hospital triages some patients

BC Children's Hospital triages some patients
Christy Hay, the hospital's executive director of clinical operations, says the department is mostly seeing viral illnesses including COVID-19 and an increasing number of influenza and respiratory syncytial virus cases, or RSV.

BC Children's Hospital triages some patients

Two dead, one hurt in Coquitlam, B.C., shooting

Two dead, one hurt in Coquitlam, B.C., shooting
One of those victims died at the scene and the statement says the second person died a short time later in hospital. The third victim was found nearby and is being treated in hospital for a non-life-threatening gunshot wound.

Two dead, one hurt in Coquitlam, B.C., shooting

Tamanawis Secondary School stabbing victim identified as Mehakpreet Sethi of Surrey

Tamanawis Secondary School stabbing victim identified as Mehakpreet Sethi of Surrey
Just after noon on Tuesday, a teenager died after being stabbed at Tamanawis Secondary School. The victim is being identified as 18-year old Mehakpreet Sethi of Surrey. A 17-year old has been identified was located and taken into custody.

Tamanawis Secondary School stabbing victim identified as Mehakpreet Sethi of Surrey

Vehicle involved in shooting fireworks at pedestrians

Vehicle involved in shooting fireworks at pedestrians
The victim and a friend were on 148 Street near the intersection of 104 Avenue and 148 Street when a small, white, 4-door hatchback (with a sunroof) drove slowly past them and an occupant of the vehicle fired a firework directly at the two pedestrians. The firework hit the victim’s forehead and minor injuries were sustained.

Vehicle involved in shooting fireworks at pedestrians